search

The Real Deal Logo

Trending

99 Cents closures to open 3.8M sf of retail opportunities in SoCal 99 Cents closures to open 3.8M sf of retail opportunities in SoCal Mohamed Hadid files for bankruptcy on Beverly Hills lot, owing $55M to creditorsMohamed Hadid files for bankruptcy on Beverly Hills lot, owing $55M to creditorsNYCB loan defaults surge 400% as rent-stabilized buildings bleedNYCB loan defaults surge 400% as rent-stabilized buildings bleedFortress initiates $548M foreclosure on Cohen Brothers portfolioFortress initiates $548M foreclosure on Cohen Brothers portfolio
Residential
Chicago

Fox Sports’ Colin Cowherd pays $3.3M for Park Tower condo

In same building where billionaire Ken Griffin sold home last year

Colin Cowherd Pays $3.3M for Condo in Ritzy Chicago Tower
Fox Sports’ Colin Cowherd with Park Tower condominiums (Getty, Google Maps)

Fox Sports personality Colin Cowherd dished out $3.25 million for a condo in downtown Chicago.

Cowherd and his wife, Ann, bought a three-bedroom, 3,200-square-foot unit in the 70-story Park Tower off North Sheridan Road, Crain’s reported. The sale comes out to roughly $1,015 per square foot.

Linda Levin of Jameson Sotheby’s International Realty represented the sellers, whose identities are shielded from public records. Annie Flanagan of @properties represented the Cowherds. 

One of Chicagoland’s priciest residential sales of last year occurred in the same building, when billionaire Ken Griffin sold his 8,000-square-foot 66th-floor condo for $11.2 million, or $1,400 per square foot. 

Cowherd’s condo, on the 25th floor, was previously owned by Dennis FitzSimons, former chairman and CEO of the Chicago Tribune. FitzSimons and his wife, Ann, acquired the condo in 2010 for over $2.62 million, selling it eight years later for $2.9 million. Those buyers held onto it until Cowherd’s purchase.

Sign Up for the undefined Newsletter

The Park Tower condo features a remodeled kitchen, modern amenities and breathtaking views. Its east-facing windows provide panoramic views of the water tower, pumping station, and nearby parkland stretching out to Lake Michigan. The unit also includes a covered balcony.

It’s the Cowherds’ first home purchase in the Chicago area, according to public records. Cowherd’s Fox Sports bio states that he lives in Los Angeles, where he sold a house for $10 million last year.

The purchase comes amid speculation stirred by Colin Cowherd himself regarding the future of college football standout Caleb Williams and his potential reluctance to join the Chicago Bears. However, Cowherd quickly backtracked on his statements, attributing them to the Bears’ historical struggles and the team’s unfavorable reputation among quarterbacks.

—Quinn Donoghue 

Read more

Companies and People
Jameson Sotheby’s International RealtyColin CowherdLinda Levin
Tags
condoSale